$LIGHT USDT BEARISH TECHNICAL ANALYSIS – NEXT MARKET MOVE ⚠️📉
$LIGHT USDT is under severe bearish pressure after a massive drop of over 40% from recent highs. The market structure is strongly bearish, forming lower highs and lower lows, indicating sellers are fully in control. Any short-term bounce toward resistance is likely to be weak and corrective, providing potential selling opportunities.
Technical indicators suggest that further downside toward critical support levels is highly probable. Previous support zones have now flipped into resistance, reinforcing the bearish outlook.
Key Levels & Trade Setup:
Resistance Zone: 0.730 – 0.780 ⚡
Targets (TP):
TP1: 0.540 🟢
TP2: 0.500 🟢
TP3: 0.450 🟢
Stop Loss (SL):
Above 0.800 ❌
Risk Management:
Trade with strict position sizing, risk only a small portion of capital, and trail stop loss as targets are approached to protect profits.
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